SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?


To: Ronald Ashkenazy who wrote (9501)6/19/1999 11:47:00 PM
From: Ronald Ashkenazy  Read Replies (2) | Respond to of 30916
 
Partnering with IBM:

ibm.com

IDT'S Industry-Leading Net2Phone Now Available
to IBM Internet Connection Services Customers

World's leading computer company teams
with world's largest IP telephony company

New York City, June 16, 1998 -- IDT Corporation (NASDAQ: IDTC) and IBM Corporation (NYSE: IBM) announced today that IDT's industry-leading Net2Phone service is now available to IBM Internet Connection Services customers.
The two companies said they had signed a contract calling for IBM to promote Net2Phone on the IBM Internet Connection Services Web site (www.ibm.net) to its Internet users worldwide, except where restricted. IBM also agreed to include Net2Phone software into its Internet access dialer kit and to place a button on its Web site referring customers to IDT's download site.
Rated Product of the Week by PC Magazine, Editor's Choice by Computer Telephony Integration Magazine, and Editor's Choice by Teleconnect Magazine, Net2Phone has routed millions of minutes monthly, and was recently named the leading Internet telephony service provider by Frost and Sullivan. TheNet2Phone software is free and is downloadable off the Internet at www.net2phone.com.
"New technology companies have been pairing off with the giant network equipment providers. We have had many options and offers, but clearly no one compares with IBM," said IDT's CEO, Howard Jonas. "We look forward to a long-lasting relationship with the biggest and most important company in the computer services field."
"We are responding to a growing number of requests from our enterprise customers who want voice over IP capability," said Gary Weis, general manager, managed data network services and network technology, IBM Global Services. "By working with
IDT, and referring our customers to their Web site, we make it easy for our customers to subscribe to IDT's PC-to-telephone service, Net2Phone."
IDT is a leading emerging multinational carrier that combines its position as an international telecommunications operator, its experience as an Internet service provider and its leading position in Internet telephony to provide a broad range of telecommunications services to its wholesale and retail customers worldwide. The company provides its customers with integrated and competitively priced international and domestic long distance, Internet access and, through its Net2Phone product offerings, Internet telephony services including Net2Phone Direct and Net2Fax.
IBM Global Services, with headquarters in Somers, NY, provides information technology solutions that enable enterprises to lead in their marketplaces. With 1997 revenue of approximately $26 billion and 110,000 professionals in 164 countries, IBM Global Services is the world's largest and most versatile services provider. Its capabilities span business transformation consulting, strategic outsourcing, systems integration, product support services, education and training, and managed network services over the IBM Global Network, one of the world's largest data networks. For more information, please see www.ibm.com/services or call (800) 455-5056.
Except for historical information, all of the expectations and assumptions contained in the foregoing are forward-looking statements involving risks and uncertainties. Important factors that could cause actual results to differ materially from such forward-looking statements, include, but are not limited to, the competitive environment for Internet telephony, changes of rates of all related telco rates and services, legislation that may affect the Internet Telephony industry, IDT 's ability to operate the services described on a large scale commercial level. For additional information regarding these and other risks associated with the Company's business refer to the Company's reports filed with the SEC.
Contact: Sarah Hofstetter
IDT Corporation (201) 928-2882
sarah@corp.idt.net
IBM Booth 3122 at PC Expo
Rusty Carpenter
IBM Global Services
(813) 878-3461
rcarpen@us.ibm.com

The above is compliments of a Yahoo poster:
messages.yahoo.com



To: Ronald Ashkenazy who wrote (9501)6/20/1999 1:03:00 AM
From: blankmind  Respond to of 30916
 
mr pink made the dow jones wire in relation to acrt. read and learn more about what might occur.

3/4/98
NEW YORK (Dow Jones)--Actrade International Ltd. (ACRT) shares are
down 12%
Wednesday, continuing a three-month slide that a company spokesman
attributed
to a bear raid by a short-seller using the Internet to discredit the
company.
Mitch Menik, a spokesman for New York-based Actrade, said the rumors
that
the short-seller is spreading are untrue, but nevertheless appear to
have
caused selling of the Nasdaq-listed stock.

"It has caused other people to sell in a panic," Menik said. That
has
brought momentum players to the stock and triggered margin calls,
setting off
more selling in the issue.

The short-seller, going by the pseudonym Mr. Pink, has been posting
messages
on Yahoo! Inc.'s (YHOO) finance bulletin boards as well as on Silicon

Investor, another financial Web site. The rumors don't specifically
address
the company's fundamentals.

No user profile was available for Mr. Pink on Yahoo!

Mr. Pink's messages have prompted other Web users to come to
Actrade's
defense, but the anonymity of the Internet makes the reliability of
this
on-line chatter difficult to determine.

What is clear is that shares of Actrade are in a slump. The stock,
which hit
Symbol(s) ACRT & Date

Use Page Up, Page Down, +, -, or press ?

----------------------------------------------------------------------
----------
03/04 2:33P (DJ) =Actrade Dn 12%, Continuing Slide; Co. Blames
Short-Seller
a 52-week high of 30 Nov. 28, recently traded at 10 1/2 - its low for
the day
- down 1 7/16 on volume of 455,900, well beyond the daily average of
359,400.
The issue fell 3% Tuesday.

Also clear is that Actrade has posted strong revenues and earnings
growth.
In the second quarter ended Dec. 31, 1997, the company posted net
income of 13
cents a share on revenues of $23.1 million, up from net income of 6
cents on
revenues of $8.9 million a year earlier.

The company has a patent on a new financial instrument that helps
U.S.
merchandisers realize cash right away while extending short-term
credit to
their domestic customers. The instrument, a trade acceptance draft,
should
help Actrade's capital division triple its revenues to $66 million in
1998,
Menik said.

But some investors clearly expect Actrade to tumble. The company's
short
interest at Feb. 13 was 1.3 million, about one-third of Actrade's
public
float, according to Menik.

Menik described what is happening as a bear raid, which would make
it a
violation of Securities and Exchange Commission rules. In a bear raid,
an
investor tries to manipulate the price of a stock by selling a large
number of
shares short - that is, selling borrowed shares. If it works and the
price
drops, the investor gains the difference between the price at which he
sold
short and the price at which he buys shares to replace those he
borrowed.
Symbol(s) ACRT & Date




To: Ronald Ashkenazy who wrote (9501)6/20/1999 2:38:00 AM
From: mark garner  Respond to of 30916
 
i dont appreciate anyone putting up false
information about a stock that i own.

saying that, i WELCOME all of the shorters
to this stock. it will make the upside
that much more explosive.

i smell news